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    6 Hwy Marlin, TX 78666

    For Sale
    $525,000

    2.87 Acres, High Traffic, Excellent Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.87-acre commercial land parcel presents a remarkable investment opportunity at the hard corner intersection of Highway 6 and Highway 7 in Marlin, Falls County, Texas. Located in a high-traffic area with excellent visibility, this fee simple property boasts a prime location for a variety of commercial ventures. The permitted zoning is commercial, allowing for diverse development options. The site's strategic position benefits from proximity to established businesses including McDonald's, Dairy Queen, and Walmart, ensuring high consumer traffic and brand recognition. The property's size is ideal for a convenience store, restaurant, or other large-scale commercial development. The asking price is $525,000. Please note that boundary lines shown in marketing materials are estimates and are not guaranteed. This property offers significant potential for growth and return on investment due to its location on a major highway intersection between Waco and College Station, ensuring consistent high traffic counts. The zip code is 76866. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Texas market.

    Property Features for 6 Hwy

    General Information

    Property type
    Land
    Lot Size
    125,017 SF

    HighLights

    • High‑visibility corner lot at the intersection of Hwy 6 and Hwy 7, ideal for a convenience store or restaurant.
    • Large land parcel with excellent highway frontage between Waco and College Station, offering high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marlin
    County
    Falls
    State
    Texas
    Longitude
    -96.87521995
    Latitude
    31.30706203

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    FAQs

    What type of property is this?
    Land - 2.87 Acres, High Traffic, Excellent Visibility
    Where is this land located?
    The property is located at 6 Hwy Marlin, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: High-visibility corner lot at the intersection of Hwy 6 and Hwy 7, ideal for a convenience store or restaurant.; Large land parcel with excellent highway frontage between Waco and College Station, offering high traffic counts.;
    Request Owner's contact information
    6 Hwy Marlin, TX 78666
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6 Hwy Marlin, TX 78666
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